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12/8 DOL-seasonally adjusted initial unemployment claims at 327,000

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-05 04:49 PM
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12/8 DOL-seasonally adjusted initial unemployment claims at 327,000
http://money.cnn.com/2005/12/08/news/economy/jobless_claims.reut/index.htm

WASHINGTON (Reuters) - The number of U.S. workers filing new jobless claims last week rose unexpectedly by 6,000, the government said Thursday.

Initial claims for state unemployment insurance benefits climbed to a seasonally adjusted 327,000 in the week ended Dec. 3 from an upwardly revised 321,000 the previous week, the Labor Department said.

A Labor Department analyst said that historically, claims tend to rise in the week following the holiday-shortened Thanksgiving week.

The number of new claims was above Wall Street forecasts for 317,000 and the original reading of 320,000 for the week ended Nov. 26.

seasonally adjusted initial unemployment claims last week at 327,000
December 8, 2005 UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Dec. 3, the advance figure for seasonally adjusted initial claims was 327,000, an increase of 6,000 from the previous week's revised figure of 321,000. The 4-week moving average was 322,500, a decrease of 250 from the previous week's revised average of 322,750.

The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending Nov. 26, a decrease of 0.1 percentage point from the prior week's revised rate of 2.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Nov. 26 was 2,603,000, a decrease of 137,000 from the preceding week's revised level of 2,740,000. The 4-week moving average was 2,726,250, a decrease of 46,750 from the preceding week's revised average of 2,773,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 443,165 in the week ending Dec. 3, an increase of 152,650 from the previous week. There were 473,570 initial claims in the comparable week in 2004.

The advance unadjusted insured unemployment rate was 2.1 percent during the week ending Nov. 26, an increase of 0.3 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,714,675, an increase of 412,668 from the preceding week. A year earlier, the rate was 2.3 percent and the volume was 2,880,075.


Extended benefits were available in Louisiana during the week ending Nov. 19.

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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-05 05:11 PM
Response to Original message
1. and they CREATED a whooping 207,000. How can they still claim
unemployment is so freaking low???
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-05 06:01 PM
Response to Reply #1
2. I have no clue :-(
:-(
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